Israel-Iran war: What US 30-day waiver on Russian oil means for India - explained

Around 90% of India’s crude oil is imported - and around 40-50% of India’s crude oil imports come from the Middle East, particularly after it substantially reduced purchases of Russian crude oil.

By SMRITI JAIN

India news: US grants a 30-day waiver for Russian oil import

The move is intended to ease pressures on the country's oil supplies in the short term. Meanwhile, day two of the Raisina Dialogue 2026 has commenced in New Delhi. Follow live.

SUA au permis „temporar” Indiei să cumpere petrol rusesc

Ministerul Finanțelor al SUA a suspendat pentru 30 de zile interdicția privind achiziția de petrol rusesc de către rafinăriile din India. Anunțul a fost făcut de secretarul Trezoreriei americane, Scott Bessent, vineri, 6 martie. Potrivit acestuia, decizia a fost luată pentru a „asigura fluxul neîntrerupt de petrol pe piața mondială”. „Această măsură, în mod evident...

By Ganev Felicia

米財務長官 “インドのロシア産原油購入30日間限定で認める”

アメリカのベッセント財務長官は5日、インドに対し、ロシア産原油の一部について、購入を一時的に認めると表明しました。イラン情勢の緊迫化を受けて上昇傾向にある原油の価格を抑えるねらいがありそうです。

US offers India 30-day waiver to buy Russian oil amid Strait of Hormuz disruption

Indian refiners, whose supplies were stuck in the Gulf, have started buying Russian oil

By Stuti Mishra

In Major Win For Putin, US Grants Russia License To Sell Oil To India While Strait Of Hormuz Is Blocked

In Major Win For Putin, US Grants Russia License To Sell Oil To India While Strait Of Hormuz Is Blocked The world desperately needs oil, but can't get it as 20% of it is literally stuck behind the blockaded Straits of Hormuz. Putin has tons of oil because sales are metaphorically stuck by US sanctions. If the world does not get access to oil soon enough, there will be a global recession or worse, and every day the price of oil rises by 5%. What to do?  Lightbulb moment: why, rem...

By Tyler Durden

US approves temporary sale of stranded Russian oil to India

Waiver aims to ease pressure on global energy markets

By AFP